Washington: US President Donald Trump has announced the imposition of an additional 10 percent tariff on all countries worldwide. He will implement this decision today by signing an executive order. This new tax will be separate from the already imposed tariffs, meaning all countries will now have to pay the additional tariff along with the basic tariff.

New Step Following the Supreme Court Decision:

President Trump decided to impose more tariffs after the US Supreme Court declared the previous tariffs illegal. In a press conference called immediately after the court's decision, he announced the imposition of a 10 percent additional tariff. He clarified that following the signing of the executive order, the further tariff will be applied on top of the already enforced tariffs.

Authority Under the Trade Act of 1974:

President Trump stated that he will enforce the 10 percent additional tax under Section 122 of the Constitution and the Trade Act of 1974. According to this law, if the United States faces a trade deficit or an economic crisis, the President has the authority to impose tariffs on goods imported from other countries.

This tariff can remain in effect for a maximum of 150 days. During this period, if conditions improve, the President can review the situation and make future decisions.

Tariffs Were Also Imposed in 1971:

President Trump recalled that a similar measure was taken 55 years ago in 1971. The then President Richard Nixon had imposed a 10 percent global tariff due to a trade imbalance. The US was facing a deficit due to a decrease in exports and an increase in imports, which increased pressure on the dollar. This move reduced the deficit, and later in 1974, the Trade Act was enacted to deal with similar situations.

Tariff Policy Ongoing Since April 2025:

It is worth noting that under the "America First" policy, President Trump had imposed tariffs on various countries around the world for 90 days in April 2025. After that, in July 2025, tariffs were re-imposed on different countries at lower or higher rates.

In exchange for tariff reductions, he made trade agreements with different countries according to his own terms. These very tariffs imposed by the President were challenged in court, following which the recent development has come to light.